vietnam surpasses bangladesh as worlds second largest garment exporter

Vietnam surpasses Bangladesh as world's second-largest garment exporter

Vietnam has overtaken Bangladesh as the second-biggest garment exporter, according to the latest data released by the World Trade Organization (WTO).
four trade associations propose to buy vaccines for member companies from uae

Four trade associations propose to buy vaccines for member companies from UAE

Four trade associations have sought the government's approval to buy COVID-19 vaccines from a company in the United Arab Emirates (UAE) to provide free injections to their employees.
textilers adhering to strict measures

Textilers adhering to strict measures

Despite positive results in the first half of 2021, textile and garment businesses are facing enormous challenges to maintain their manufacturing activities during a social distancing period in the south.
textile and garment makers seek multitude of options

Textile and garment makers seek multitude of options

As the current outbreak of the pandemic remains complicated, textile and garment makers fear lasting impacts on their operations, with many of them hoping for either direct support from the government or the permission to take the initiative themselves.
coolmate draws 500000 investment from stic investments

Coolmate draws $500,000 investment from STIC Investments

Coolmate, a Vietnamese men's clothing brand selling through its own e-commerce store, has recently wrapped up a $500,000 pre-A round investment from South Korea’s STIC Investments.
tax tweak puts strain on apparel makers

Tax tweak puts strain on apparel makers

On-spot exports are now not subject to duty exemption, possibly derailing the recovery of textile and footwear companies.
flourishing exports in textile and garment leather and footwear industries

Flourishing exports in textile and garment, leather and footwear industries

Exports of textiles and garments, leather and footwear in the first four months have soared due to the gradual recovery of some major export markets of Vietnam.
ma appetite robust in textile and garment sector

M&A appetite robust in textile and garment sector

Vietnamese textile and garment firms struggling due to the COVID-19 pandemic are becoming potential targets for mergers and acquisitions (M&A).
textile and apparel exports looking at significant recovery in 2021

Textile and apparel exports looking at significant recovery in 2021

Textile and apparel exports are expected to recover significantly this year due to the large-scale vaccination schemes underway in key markets.    
global prospects abound for textiles

Global prospects abound for textiles

Vietnam’s textile and garment industry is being transformed to adapt to new challenges by diversifying its export and input markets, thereby lessening the dependence on certain countries.
mekong delta drives attractiveness to foreign investors

Mekong Delta drives attractiveness to foreign investors

Foreign investors from Thailand, South Korea, and Japan are eyeing investment opportunities in garment and textiles, construction, solar power, manufacturing, and retail in the Mekong Delta.
bright signs from textile and apparel export

Bright signs from textile and apparel export

Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August.
rcep advantages within reach

RCEP advantages within reach

Textile, footwear, and apparel producers have always faced complicated trading arrangements.  In the past, a multi-faceted agreement governed much of the globe and dictated how much of which products could be produced in which markets. This system was dismantled in the 1990s, but protection remains high in many locations.
local groups impelled to adapt to trade deals

Local groups impelled to adapt to trade deals

Vietnam remains one of the top 10 exporters of textiles and apparel. However, with the harsh impact of the pandemic on the industry and strict rules of origins following transnational trade agreements, the sector’s supply of raw materials faces a difficult start into the new year.
covid 19 puts black friday 2020 in gloomy atmosphere

COVID-19 puts Black Friday 2020 in gloomy atmosphere

Black Friday 2020 is submerging in a gloomy atmosphere as a result of the prolonged tightening wallets driven by COVID-19.